Actually, those scientists manipulated the data with derivatives as noise amplifiers, so there's no point explaining it.
There was a peer-reviewed rebuttal
http://www.cgd.ucar.edu/cas/Trenberth/trenberth.papers/Foster_et alJGR09_formatted.pdf in the very same journal a year later.
For actual science on ENSO, refer to
Climate Modeling and Diagnostics Group Home Page | Lamont-Doherty Earth Observatory
ENSO for cold :
Northern Hemisphere winter snow anomalies: ENSO, NAO and the winter of 2009/10
Only somewhat related, but it's about ENSO and I helped work on it way back, so what the hell:
ftp://texmex.mit.edu/pub/emanuel/PAPERS/camargo_emanuel_sobel_jclim07.pdf
"Abstract. McLean et al. [2009] claim that the El Ni˜no/Southern Oscillation (ENSO),
as represented by the Southern Oscillation Index (SOI), accounts for as much as 72%
of the global tropospheric temperature anomaly (GTTA) and an even higher 81% of this
anomaly in the tropics. They conclude that the SOI is a “dominant and consistent influence
on mean global temperatures,” “and perhaps recent trends in global temperatures”.
However, their analysis is incorrect in a number of ways, and greatly overstates
the influence of ENSO on the climate system. This comment first briefly reviews what
is understood about the influence of ENSO on global temperatures, then goes on to show
that the analysis of MFC09 severely overestimates the correlation between temperature
anomalies and the SOI by inflating the power in the 2–6 year time window while filtering
out variability on longer and shorter time scales. It is only because of this faulty analysis
that they are able to claim such extremely high correlations. The suggestion in their
conclusions that ENSO may be a major contributor to recent trends in global temperature
is not supported by their analysis or any physical theory presented in that paper,
especially as the analysis method itself eliminates the influence of trends on the purported
correlations."